The Bob Ross Auto Group, founded by Robert P. Ross Sr. in 1974, is a family-owned business that has accomplished much in the automotive industry. Following Robert’s passing, his wife Norma and their children, Jenell, and Robert Jr., continued his legacy, expanding the dealership and receiving awards for business excellence and community service.
March brought some good news for dealers who continue to battle for new- and used-vehicle sales in an economy ripe with high interest rates and manufacturers’ profit-reducing incentives. The true bright spot was in used-vehicle sales that were up 18.5 percent month-over-month
Nissan Motor Co. showed off construction of a pilot plant for all-solid-state batteries with executives calling the technology a “game changer” for its next-generation electric vehicles. The building is little more than a maze of unfinished walls and dangling air ducts in an old, repurposed machining plant at Nissan’s sprawling Yokohama factory complex.
The cost of auto insurance in the US rose more than 22 percent in the 12 months that ended in March, the biggest annual jump since 1976. Rates are up 43.7 percent since January 2020, making car insurance premiums one of the bigger contributors to high inflation.
The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle (EV) tax credit payments since Jan. 1, the Treasury said on Friday. Prior to 2024, U.S. auto buyers could only take advantage of the new EV credit of up to $7,500 or the $4,000 used EV credit when they filed tax returns the following year, reports Reuters.
Please provide your contact information and select your areas of interest in the fields below.
